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Before the EU referendum, many predicted that a vote to leave would depress house price growth and benefit first-time buyers.

Now a report by Unbiased reveals the immediate impact of the Brexit vote on mood of the housing market – and the likely winners and losers.

Remortgage activity has reached its highest level in more than seven years as homeowners move faster to take advantage of low interest rates.

According to figures released today by LMS, It found that the number of remortgages rose to 36,195, an 8% increase from July, and a 45% increase annually with 11,000 more remortgage transactions occurring in August this year.

Supply of available housing rose to the highest level seen since March this year, according to the National Association of Estate Agents (NAEA) August Housing Market report

Furthermore, the number of sales made to first time buyers (FTBs) increased by 3% and demand for housing fell marginally, in line with seasonal expectations.

The number of people taking out mortgages fell to its lowest level for 19 months in August, according to Britain's High Street banks.

A total of 36,997 homeowners had their mortgages approved, the British Bankers' Association (BBA) said.

That is the lowest figure since January 2015, and a 21% drop on August 2015.

The number of people borrowing to buy a house or flat has been falling since April, when there was a rush to buy property ahead of stamp duty changes.